1121 S Westgate Ave - Residential LAND FOR SALE


Los Angeles, CA 90049- West Los Angeles6,900 SF
$2,900,000 USD
818-212-2748
1121 S Westgate Ave, Los Angeles, CA for Sale
$2,900,000 USD
Residential LAND - FOR SALE
1/23
6,900 SF

1121 S Westgate Ave
Los Angeles, CA 90049
West Los Angeles


HIGHLIGHTS

  • Rare RTI Development in Brentwood
  • Prime Westside Location
  • Efficient, By-Right Design
  • Zoning Flexibility & Density Potential
  • Strong Demographics & Demand Drivers

OVERVIEW

The LAAA Team of Marcus & Millichap is pleased to present 1121 Westgate Avenue, a rare and highly desirable development opportunity located in the heart of Brentwood—one of Los Angeles’ most prestigious and sought-after neighborhoods. Situated between Kiowa Avenue and Goshen Avenue, this offering includes two contiguous parcels totaling approximately 6,900 square feet of land, zoned [Q]R3-1. With limited R3 and R4 development sites remaining in Brentwood, this property represents a unique chance for developers to deliver much-needed multifamily housing in a supply-constrained, high-barrier-to-entry submarket. The site is currently vacant, with previous structures fully demolished. The Seller has submitted plans for a by-right, four-story, eight-unit apartment project with one level of subterranean parking. The project is Ready to Issue (RTI), providing immediate development potential and a shortened path to construction. Plans include a mix of spacious one- and two-bedroom units, with no affordable housing requirement. The subterranean garage will offer 15 parking spaces along with dedicated long- and short-term bicycle parking. The proposed design includes ±12,225 SF across four stories, though buyers may explore greater density or alternative unit mixes with the City. Less than a mile from the VA Greater Los Angeles Healthcare System and boasting a Walk Score of 86, the property offers exceptional access to key Westside hubs including UCLA, Westwood Village, Santa Monica, and Paci?c Palisades. Easy access to both the 405 and 10 freeways, combined with proximity to top-tier retail, dining, and lifestyle amenities, further solidify this site as one of the strongest development opportunities available in Brentwood.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/ACRE

$18,310,480/AC

PRICE/SF

$420 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

8 Unit RTI Development | Brentwood

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Hold for Development

LAND ACRES

0.16 AC

LAND SF

6,899 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

QR3-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Filip NiculeteMarcus & MillichapMore Info
818-212-2748

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Filip NiculeteMarcus & MillichapMore Info
818-212-2748

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.